Elon Musk is done with layoffs and wants to expand Twitter staff
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Billionaire Elon Musk has cut staff at his recently acquired Twitter microblogging service from 7,500 to 2,700. This is reported The Verge with reference to Elon Musk’s speech to Twitter employees. Now Mr. Musk intends to hire new employees, mainly in the areas of software and sales. Also, the return of the Blue subscription has been postponed indefinitely from November 29th.
The hiring announcement came on the same day that Elon Musk continued to cut sales. Currently, there are no new vacancies on the company’s website. As Elon Musk stated, finding software developers will have the highest priority. According to The Verge, Twitter employees already last week began looking for new engineers and invited them to join Twitter 2.0, Elon Musk’s company.
Mr. Musk also said that he does not intend to move the headquarters of Twitter to Texas yet. According to Elon Musk, the reorganization will inevitably face a number of errors, but as a result, everything will stabilize; some of Twitter’s code needs to be rewritten from scratch.
Why American high-tech companies are massively laying off employees and cutting costs – in the material “Kommersant” “Technology has shrunk”.
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